Director Gas Supply

New Jersey Resources • Wall Township, NJ

9d • $147,500 - $206,500 • Hybrid

About The Position

New Jersey Natural Gas (NJNG), a subsidiary of New Jersey Resources, is seeking a Director Gas Supply to lead and manage NJNG Gas Supply group. Oversee the execution of trades that optimize the asset portfolio to generate savings and reduce costs for NJNG system supply. Ensure reliable supply is secured for city gate requirements. Responsible for contract renewal, extension or restructuring. Responsible for developing and managing NJNG's regulatory strategy to support and advance the Company's gas supply strategies. The position requires communicating with NJBPU and NJ Division of Rate Counsel Staff to support the Company goal of meeting its regulatory objectives.

Requirements

• Bachelor’s degree in finance, accounting, economics, business, or related field is required
• 10+ years of natural gas trading experience, ideally within a regulated utility environment
• Knowledge of natural gas industry processes, with a focus on energy trading, asset optimization and utility operations such as front and middle office (e.g. trading, pricing, risk analysis), back-office operations, regulatory/compliance, accounting/financial.
• Knowledge and understanding of regional pipeline/storage infrastructure and respective supply and demand composition and working relationships with key participants (producers/pipelines/utilities/end users/traders).
• Exceptional written and oral communication skills are necessary for effective stakeholder engagement, preparing regulatory filings, and delivering testimony.
• Ability to be persuasive and collaborate effectively with diverse internal and external stakeholders, from team members to regulatory staff, is key to influencing decisions and outcomes.
• Experience in managing and coaching direct reports and establishing career development plans by identifying development goals, milestones, and measures.
• Strong negotiation skills to drive favorable outcomes with internal and external stakeholders.
• Knowledge of the regulated and deregulated natural gas industry, including market dynamics and compliance requirements.
• Exceptional problem-solving abilities, with a track record of identifying issues and implementing effective solutions under pressure.

Nice To Haves

• master’s or graduate degree preferred

Responsibilities

• Lead, direct, and manage a gas supply team, including providing technical guidance, career development, and performance coaching.
• Develop and execute long-term and short-term gas supply strategies, including procurement, storage, and transportation.
• Negotiate and manage contracts with gas producers, marketers, and pipeline/storage operators.
• Maintain a thorough understanding of natural gas market structure, drivers, supply & demand, as well as price setting mechanisms.
• Oversee the preparation and execution of annual BGSS rate filings, including testimony, schedules, exhibits and work papers.
• Ensure design day study is completed each year and adequate supply secured to meet peak day demand.
• Build and maintain relationships, trust and credibility with the BPU and Rate Counsel staff, including their independent consultants.
• Serve as the primary gas supply representative for the utility with regulators and industry associations. This includes presenting the Company's positions, testifying at hearings, and negotiating outcomes.
• Accountable for and manage the preparation and accurate completion of discovery requests in annual BGSS proceedings, management audit or other proceedings involving gas supply.
• Monitor FERC, NAESB, and other proceedings that impact the costs or quality of service provided to NJNG’s customers.
• Attend and participate in NJNG Risk Management Committee meetings.
• Adhere to Risk Management Guidelines, Company Code of Conduct, all relevant Pipeline/FERC/BPU rules.
• Ensure that appropriate policies, procedures and analysis for NJNG Gas Supply are being updated and adhered to.

Benefits

• Day one medical coverage, including prescription, vision and dental plans
• 401(k) plan with a generous company match
• Employee Stock Purchase Program
• Wellness perks, including free on and off site fitness centers and other programs
• A confidential Employee Assistance Program
• Professional development and tuition reimbursement
• Vacation and company-paid holidays
• Flexible work arrangements

What This Job Offers

• Job Type: Full-time
• Career Level: Director